Exclusive: Trump-linked investor backs new LNG project in Alaska

Exclusive: Trump-linked investor backs new LNG project in Alaska

An oil and gas executive with links to the Trump family plans to use equipment from a sanctioned Russian gas project to open a major new export terminal in Alaska, he told Semafor. The massive project, dubbed Polar LNG, will eventually require $8-9 billion in investment, CEO Joel Riddle said, adding that the spike in natural gas prices caused by the Iran war is generating “hurricane-force winds behind us to accelerate this project,” which would …